hey Cove, saw you had a post on WKT, have you looked at RNU? or anyone else looked at RNU?
1) World's second biggest proven graphite reserve (flat and shallow too for potential low cost mining and productions) Low Graphite Concentrate costs... DFS confirms lowest quartile OPEX globally
2) MOUs signed to negotiated binding offtakes with 3 battery anode companies and trading companies, this will take up their stage 1 production.... because of this increase in demand they are bringing forward feasibility work onstage 1 expansion and a larger stage 2 production
3) Looking to develop a vertical integration of a Purified Spherical graphite (PSG) production facility with the mine- downstream manufacturing operations to produce PSG ( at 99.95%TC) - results in competitive PSG Costs including obtaining their own graphite concentrate at costs.
4) PSG is used in Lithium ion battery applications, very direct exposure to the EV Sector
5) They also have a gold mine that they did a drill program which confirms the "presence" of a broad gold zone in Soyuz - further exploration is required to delineate the size and continuity of gold mineralisation...
6) Recent Insto equity raise at 0.08 now stock trading around 0.08
keen to see whether anyone has looked into this company?
I have recently increased my holdings.